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Self-Funded Health Plans Prove to Reduce Costs and Improve Lives

McNeil launched SIE for one reason – to evangelize the need for employers to become engaged in optimizing their health plans using innovative programs.

PETALUMA, Calif. (PRWEB)August 11, 2018

Arrow Benefits Group has taken the next step in promoting creative alternatives for employers coming to grips with the exploding cost of health care. Arrow’s new division, Self-Insurance Expert (SIE) was created to help employers with 100 plus employees decrease health plan costs while increasing employee engagement. Self-funded health plans are the newest cutting-edge option to lower costs while improving the lives of the sickest plan members at the same time. Not stopping at creating the funding mechanism, SIE brings a range of tools, services and platforms that continue to cut costs in a self-funding environment. Keith McNeil, CLU, CEBS, GBDS, CPBS is the practice leader for SIE. With a 40 year reputation for innovation and expertise in the benefit consulting industry, McNeil launched SIE for one reason – to evangelize the need for employers to become engaged in optimizing their health plans using innovative programs.

Health plans are multi-faceted and confusing, with new and innovative options to manage care and manage costs developing constantly. “Some of these can be game changers,” McNeil says, “but few consultants know enough or get deeply involved enough to fully deploy them.” The SIE team of experts provides employers with the ability and data to properly evaluate the tools they need to manage their self-funded plan with an eye toward reducing fiduciary liability. Utilizing sophisticated analytics to create data driven solutions and create plan efficiency, and showing employers how to generate employee involvement in plan management are the hallmarks of the SIE approach. For employers already self-funded, SIE brings a “whole new dimension to analysis and prescription, driving even greater savings through a second and even third generation of solutions of which many employers, and their consultants, are unaware,” McNeil says. “SIE is a unique opportunity to bring solutions while enhancing the health and lives of their employees.”

About Arrow Benefits Group and Keith McNeil
Keith McNeil, Partner has lectured on self-funding in California and Hawaii and is expected to lecture later this year in Florida as well. He is a Charter Certified Professional of the Health Rosetta Institute, which is a nationwide movement to improve healthcare plans and outcomes, spearheaded by noted Forbes author and lecturer, Dave Chase.

Arrow Benefits Group, the third largest benefits firm in the North Bay, is a proud partner of United Benefit Advisors (UBA), one of the largest benefits consulting and brokerage firms in the country. Arrow Benefits Group is the single-source solution for managing the complexities of benefits with expert advice, customized programs, and personalized solutions. Arrow’s innovative programs control costs and give employees a greater sense of financial and emotional security. For straight answers to employee benefits call 707-992-3780 or visit http://www.arrowbenefitsgroup.com